Vikas WSP Ltd - 519307

Name of Company	Vikas WSP Ltd
BSE Code	519307
NSE Code
ICICI Code
Established
My Take	Dislike
Headquarters	Bhiwani
Promoters
Story	Operator driven useless stock. Don't waste time checking its annual report. This company has no proper business of its own
Sector	Chemicals
Sub-sector
Website	http://www.vikasvegan.com/
Positives
Negatives	Lot of insider trading. These companies just give small dividends and great results for one or 2 years to seem like wonderful companies. Just avoid.
Peers

 

Teledata Informatics Ltd - 532358

Name of Company	Teledata Informatics Ltd
BSE Code	532358
NSE Code
ICICI Code
Established
My Take	Dislike
Headquarters	Velachery, Chennai
Promoters
Story	This is a fraud company. Promoters are just trying to make the best money from listing, delisting, insider trading and stock split etc. Forget this and go for better IT companies
Sector	IT
Sub-sector	IT services
Website	http://www.teledatain.com/
Positives
Negatives
Peers

 

Silverline Technology - 500389

Name of Company	Silverline Technologies
BSE Code	500389
NSE Code
ICICI Code
Established	1992
My Take	Dislike
Headquarters	Mumbai
Promoters
Story	BPO and IT company. Listed in NSE, BSE and NASDAQ. During 2007, share prices at nasdaq were $45, now at $0.6 with no trading volume.
Sector	IT
Sub-sector	BPO and IT
Website	http://www.silverline.com
Positives
Negatives	Promoter holding says 0.01%. keep out. The promoters even tried to reverse-split
Peers

Nandan Exim - 532641

Name of Company	Nandan Exim
BSE Code	532641
NSE Code
ICICI Code
Established
My Take	Dislike
Headquarters	Ahmedabad
Promoters	Chiripal enterprises and Chiripal family
Story	Manufacturing facilities in Ahmedabad.
Sector	Textiles
Sub-sector	Cotton dyed fabric
Website	http://www.chiripalgroup.com/nandanexim.php http://www.nandanexim.com/
Positives
Negatives	No proper website as well. Real penny stock with year high and low at 3.23 and 1.05. These stocks are easily moved up and down by operators. Don't buy if you are not an operator yourself. Too much equity – Dec09 qtrly P/E = 4.17 Cr/45.5 Cr=0.09. P/E is too high. In days when all textile players are avoided, this is a strict no-no.
Peers	Indo Count Ind, Futura poly, Alok inds

 

Himachal Futuristic Communications Ltd (HFCL) - 500183

Name of Company	Himachal Futuristic Communications Ltd (HFCL)
BSE Code	500183
NSE Code	HIMACHLFUT
ICICI Code
Established	1987
My Take	Dislike
Headquarters	Solan
Promoters
Story	Manufacturing plant in Solan and Goa.
Sector	Manufacturing
Sub-sector	Telecom cables (OFC), transmission equipment
Website	http://www.hfcl.com/
Positives
Negatives	Consistently loss making company with no future hopes of making a profit.
Peers

 

Shilpa Medicare - 530549

Name of Company	Shilpa Medicare
BSE Code	530549
NSE Code
ICICI Code
Established	1987
My Take	Wait n watch
Headquarters	Raichur, Karnataka
Promoters	Vishnukath Butada and family, Inani family
Story	Manufactures oncology API's, general API's and drug intermediaries. It is working on product development as well. The Company is already exporting to USA, Canada, Australia, Japan and European Countries viz., Germany, Switzerland, Netherlands, Belgium, Spain, Greece, Cyprus, Italy, United Kingdom etc., South American Countries like Mexico, Brazil, Columbia etc., African Countries like Kenya, Nigeria and West Indies etc., Asian Countries like Singapore, Taiwan, China, Malaysia, Thailand and closer to home to Iran, Egypt, Pakistan and Bangladesh.
Sector	Pharma
Sub-sector	API's with focus in oncology (cancer)
Website	http://www.vbshilpa.com
Positives	Rapidly increasing revenue and profits. ICICI has invested in this counter. NPM is 20% in qtrs jun09 to dec09. Around 10% annually in previous years. Revenues rose from 37 to 135 crores from FY05 to FY09. Expected revenues for FY10 is >200 Crores. Expected profit is 45-50 Crores. New JV with Italian company to setup manufacturing facility for its products.
Negatives	52 week low is at 47. D/E ratio is 1.43 at end FY09. Lot of SAST and insider trading mentioned on BSE. 75% of its revenues are derived from exports. At all time high of 362, P/E is 23 - too high for a small company. market cap is 750 Crores while expected FY10 revenues are 200 crores. Some of the oncology products are slated for expiry.
Peers	Solvay Pharma, Sequent Scientific

IOL Chemicals and Pharmaceuticals (formerly Industrial Organics) - 524164

Name of Company	IOL Chemicals and Pharmaceuticals (formerly Industrial Organics)
BSE Code	524164
NSE Code	Not traded
ICICI Code
Established	1986
My Take	Like
Headquarters	Ludhiana, Punjab
Promoters	CMD-Varinder Gupta,
Story	One of the largest manufacturers of APIs and specialty chemicals with presence in over 52 countries across the world, IOLCP manufactures and supplies APIs and specialty chemicals for use in various pharmaceutical, Textile, Packaging, Lamination, Pesticides, Food processing applications. Its product portfolio includes APIs, lbuprofen, specialty chemicals such as ethyl acetate, acetic anhydride, Iso Butyl Benzene, Mono Chloro Acetic Acid and Acetyl Chloride and bulk chemicals such as Glacial Acetic acid. IOLCP is currently in a phase of expansion with an investment outlay of Rs. 256 Crore which would include capacity expansion for its various product lines, forward and backward integration and increase in cogeneration of power. IOLCPs overseas customers are spread out across several countries including Argentina, Brazil, China, Denmark, Germany, Singapore, Hong Kong, Kenya, Malaysia, Peru, Egypt and many others. The company has strong business relationships with a number of prestigious clients such as Ranbaxy Labs, Aurobindo Pharma, Dr Reddy, DS Group, CIPLA, Uflex Industries, ITC Limited, ICI Paints, Asian Paints, Pidilite, Rallis India, Hindustan Polymide, Gujarat Super Phosphate, Avon Organics Ltd. etc.
Sector	Pharma
Sub-sector	Chemicals and API's for pharma
Website	http://www.industrialorganics.com/
Positives	Company has reported excellent results for Q3 with PAT of 6.38 crs. as against 86 lakhs in corresponding quarters of previous year. Company has recently commenced manufacturing operations at its new Plant of IBB with capacity of 6600 TPA which is R/M for its Pharma Product 'Ibuprofen.IOL is second company in India to produce IBB.Production capacity of Ibuprofen has also been increased to 3600 TPA.IOL has also started production of MCA with 7200 TPA capacity and Acetyl Chloride with 5200 TPA capacity. These are also R/M for Ibuprofen.With completion of backward integration and expansion (as company has cogen power also), IOL is emerging as an efficient chemical-cum-pharma company in India and should report excellent results in coming quarters.At present prices of 66 its quoting at just 5.5 times its forward earnings. 52 week high is 108. >50% promoter share holding.
Negatives	CARE BBB rating, OPM's ranging from 1.5% to 7% (average is 4%).
Peers	Ester Industries, English Indian, Jindal poly